Author: Kalagro

Daily Sugar Price

Kalagro

Tuesday, 12 November 2024

The July 2024 contract settled at:  21.36 US c/lb

The Australian Dollar currently trades at: 65.75 cents

Forward indicative prices in Australian dollars are:

$715 March 25 Contract

$707 for 2024 season

$634 for 2025 season

$595 for 2026 season

$580 for 2027 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes gross actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE 11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract price currently reflects a 0:3:2:1 pricing ratio for the 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

KCGO Members Notice – Wilmar Sugar and Renewables – Grower Survey

Kalagro

Notice to KCGO Members

Wilmar Sugar and Renewables – Grower Survey

We have been contacted by Wilmar Sugar and Renewables to advise all growers that they are conducting a survey about their Grower Marketing products and services, and what influences your choice of GEI sugar marketer.

If you wish to complete the survey, please contact the KCGO office for further information.

Daily Sugar Price

Kalagro

Thursday, 7 November 2024

The July 2024 contract settled at:  22.03 US c/lb

The Australian Dollar currently trades at: 65.69 cents

Forward indicative prices in Australian dollars are:

$739 March 25 Contract

$730 for 2024 season

$646 for 2025 season

$599 for 2026 season

$581 for 2027 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes gross actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE 11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract price currently reflects a 0:3:2:1 pricing ratio for the 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.